DigestAI news desk
Developing story · 2 episodes · 10 Sept to 17 Sept

Major Banks Build Trust Framework for AI Commerce

Financial giants are collaborating to establish a Know Your Agent framework that verifies AI identities for secure transactions. This initiative aims to restore consumer confidence in autonomous commerce by ensuring that AI agents acting on behalf of users are authenticated and trustworthy.

  1. Consumer Trust Drives Future of AI-Powered Commerce, Visa Study Finds

    A new Visa Trust Index shows that while 72% of U.S. consumers have tried AI assistants, only 23% feel comfortable letting those tools handle financial transactions. The same survey ranks Visa as the…

    1 source
  2. Visa, Mastercard, Ant International Launch KYA Framework for AI Agent Payments

    Ant International, Mastercard and Visa have announced a joint Know‑Your‑Agent (KYA) interoperability framework aimed at standardising the onboarding and verification of AI agents that will drive…

    1 source
Who and what
Ant InternationalMastercardVisaMonetary Authority of SingaporeBuildFin.aiGoogleRubail BirwadkerPablo FourezJiang-Ming YangOliver Jenkyn